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Bailout

: Subsidyscope

Guarantee Program Increases Lending ? For Some

By The Pew Charitable Trusts and Sunlight Foundation

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The latest FDIC report on its Temporary Liquidity Guarantee Program, released yesterday, shows that only 101 financial institutions have actually issued debt. When the program launched last year, over 8,000 opted in. The report also shows that the total amount of debt issued is about $346 billion, while the potential total cap for the program is $785 billion.

Full post as published by Subsidyscope on June 18, 2009 (boomark / email).

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